Inflation almost stabilized: Finance Advisor

BDRunner Oct 10: Finance and Trade Advisor of the Interim Government. Salehuddin Ahmed said that the general point-to-point inflation has almost stabilized. Officially, headline inflation has come down to around one percent. Overall we have been able to keep inflation at a stable level. Finance and Trade Adviser told journalists after the 7th meeting of the Advisory Council Committee on Government Procurement in the conference room of the Cabinet Division at the Secretariat on Wednesday. Salehuddin Ahmed presided over the meeting.

In response to questions from journalists about the high prices of goods in the market, the finance and trade adviser said, “We are working to control inflation.” It will take some time. We have already given some decisions. I have reduced the duty on onion and potato, reduced the import duty on edible oil. Today, the duty on sugar has been reduced.

Mentioning that there will be no shortage of daily essentials, he further said, permission has been given to buy lentils today. LNG import, purchase of fertilizer for agriculture approved. I hope you will get relief.

In response to the question, ‘How many days will relief be available in the market’, the financial advisor said, ‘You will get relief. You don’t lose patience. But this thing is very complicated. It would not be right to think that inflation has suddenly increased. There are many factors behind it. Here is the market factor. There is a monitoring factor in the market. There are many things in the field of product manufacturing and marketing.

Dr. Salehuddin in response to another question. claimed, “It is not that extortion has not decreased, but extortion has decreased.” But it cannot be said that the change of hands in various fields has decreased at the moment. However, there are issues related to the law and order situation.

When asked about the increase in the price of eggs, he said that the price of eggs has decreased today. The headline point-to-point inflation rate in both urban and rural areas declined last month, the finance adviser said.

10.10.24

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